Search For "deposit"
Curb on old note deposits: Influential step taken to curtail any misuse, s
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 19 (ANI): Minister of State (MoS) for Finance Santosh Kumar Gangwar on Monday said, the decision taken to deposit old Rs. 500 and Rs. 1,000 notes exceeding Rs. 5000 only once per account until December 30 after a satisfactory explanation, is an influential step, asser
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Old notes exceeding Rs. 5000 can be deposited after satisfactory explanati
Updated : 8 years, 6 months ago IST
New Delhi[India], Dec.19 (ANI): The Reserve Bank of India(RBI) on Monday announced that deposits of old Rs. 500 and Rs. 1,000 notes exceeding Rs. 5000 shall be made only once per account until December 30 but after a satisfactory explanation.
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Political parties receiving donations in old notes to be scrutinised: Jait
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec.17 (ANI): The government on Saturday reiterated that it has not made any change in the existing Income Tax law that would exempt political parties from depositing old currency in banks.
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I.T. department issues clarification of status of political parties under
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec.17 (ANI):There have been some newspaper reports which seem to wrongly suggest that there cannot be any scrutiny of Income-tax returns of political parties registered with the Election Commission in the context of deposits of old currency notes. This inference seems to
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PM Garib Kalyan Yojana providing chance to turn black money into white beg
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 17 (ANI): President Pranab Mukherjee's assent to the Taxation Laws (Second Amendment) Bill 2016, the Act which has provisions to levy total tax, penalty and surcharge of 50 percent on the amount deposited post demonetisation, comes into force on Saturday.
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Make your black money white under Pradhan Mantri Garib Kalyan Yojana
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 16 (ANI): After President Pranab Mukherjee gave his assent to the Taxation Laws (Second Amendment) Bill 2016, the Act, which has provisions of levy of a total tax, penalty and surcharge of 50 percent on the amount deposited post demonetisation, will come into force to
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Political parties not exempted from depositing old notes, clarifies Financ
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 16 (ANI): Putting an end to all speculations over political parties being exempted under the Income Tax law to deposit old notes, Finance Secretary Ashok Lavasa said there was no such provision against anybody.
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Deposits exceeding Rs. two lakh without linking PAN won't be operatio
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 16 (ANI): In yet another step to curb black money and prevent illegal transactions, the Reserve Bank of India (RBI) on Friday announced that those who deposited over Rs. two lakh after November 9 without Permanent Account Number (PAN) will not be able to operate thei
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Poor people worst hit due to demonetisation: Mayawati
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 16 (ANI): Launching attack on the NDA government on demonetisation, Bahujan Samaj Party (BSP) supremo Mayawati on Friday asked it to waive off farm loans and deposit the black money recovered by it into the accounts of the poor as they are the worst hit due to this &#
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Co-operative banks can collect demonetised currency after completing KYC:
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 15 (ANI): Attorney General (AG), Mukul Rohatgi on Thursday submitted papers in the Supreme Court stating that the government would like to allow the district co-operative banks to collect demonetised currency and deposit it in Reserve Bank of India (RBI), but after co
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IT raid on Noida Axis Bank branch reveals 20 fake accounts with deposits o
Updated : 8 years, 6 months ago IST
Noida (Uttar Pradesh) [India], Dec. 15 (ANI): With raids being conducted all across the country in the wake of the curbs on the flow of black money post demonetisation, an amount worth Rs. 60 crore was found to have been deposited in 20 fake accounts in an Axis Bank branch in Noida on Thursd
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Collected black money must be deposited in accounts of poor: Mayawati
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 15 (ANI): Attacking the government over its note ban implementation, Bahujan Samaj Party (BSP) supremo Mayawati on Thursday said that even after 37 days of demonetisation, the people who are suffering the most are the poor, labourers and farmers".
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